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Black Friday deals or scams?

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November, 2020 

Scammers are out and about ahead of Black Friday, creating all sorts of fraud to get your money.

So, how do you know if a Black Friday deal is real?

Discounts and bargains are what scammers prey on during these sale times, in the hope that your desire for the deal outweighs your common sense, and that you’ll click and hand over money at a moment’s notice without too much thought.

Some of the warning signs to look out for, include products that are advertised at an unbelievably low price, sounding too good to be true, or they require up-front payment.

A couple of examples could be:

Protecting your personal and financial information is as simple as thinking before you click on any links that are sent to you via SMS, email or social media. Online shopping scams often involve fake websites that are almost identical to the genuine retailer’s site. Always access retailer sites via their official website, rather than via an email or SMS they’ve sent you.

If you do happen to purchase something that’s fraudulent, not only will you most likely not receive the goods, but you’ve also given up your personal and payment information to the cybercriminal, which can have huge financial consequences.

Top tips:

Ultimately, being aware of scams and how they work is one of the best ways to make sure you don’t get conned, so if you receive anything that sounds too good to be true, even during sale season, question it and whether it could be real, because that could save you from being conned.

If it sounds too good to be true, it’s usually a scam.

For more information on scams, visit the Scamwatch website, including how to make a report and where to get help.